If we can safely and under the proper rules/regulations turn the basement into a bedroom, then we can refinance with a higher ARV.

Empirically speaking, it's not accurate to say the predicted ARVs are "inflated" (appraisals are used as just one input to estimating value).Raw data for each transaction is available in a public Google Sheet for investors to analyze.Visit https://blog.groundfloor.com/an-analysis-of-arv-es... for a link to the sheet and more details.

If you are looking for transactional funding for these types of deals I'd be happy to discuss.

Congratulations to you for the first transaction!

This would be obviously more profitable on all deals but also help safe guard and bad rentals or flips.

There is no sales or transaction. 3.

That scenario of what you are proposing is so outside of the realm of anything even remotely plausible that it would be best to just forget about it.That said, if a borrower is in default, and approaches a loan officer (why they would approach a loan officer instead of a realtor, is beyond me) and tells that loan officer they are in default, and that loan officer happens to know an investor that might happen to be in the market for a purchase of the defaulted borrower's property, and the numbers work out to where the transaction can go forward and everyone wins, and introduces that defaulted borrower to that investor, it would be great.

Do you close creative deals such as wrap-around-mortgages, or subject-to transactions?

Hi Nick, Generally speaking you can assume investment transaction interest rates will be a point higher than owner occupied interest rates. 

Use the upgrades however do not expect shingles of any quality to realistically last 35/40 years. 25 year shingles will safely last 15 years depending on the climate, attic ventilation, direction roof is facing etc. 40 year might last 25 but that may be a stretch.Metal would be preferred longevity wise however cost prohibitive for a rental.